It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
But I’d implore you to look into the bitcoin halving cycle. I personally think that has more of an impact on its price action than politics.
originally posted by: CriticalStinker
a reply to: putnam6
Eh, you’d be surprised.
It’s actually main stream now with zero hoops. Black rock made an ETF, and there’s other stocks that almost trade to the spot price. There’s probably at least ten stocks you can trade where you’re mainly in BTC, plus, you can buy options and leverage your bet. That can even force them to buy more BTC if they’re forced to hold a certain amount based off of price action.
The Bitcoin halving is in April(ish), and I don’t see coincidence in the timing of the graces from the market overlords in the lead up to that.
I wouldn’t tell anyone to bet the house right now or even buy in. But I wouldn’t be surprised if we see something crazy with bitcoin this spring or summer.
originally posted by: Terpene
a reply to: putnam6
I think it's an incredible chance that rigtly so, scares the # out of the Fiat dinosaurs...
If Wright was Satoshi, it's easily proven and he could have done it 8 or 10 years ago when this first came up.
Craig Wright, an Australian computer scientist who claims to be the inventor of bitcoin, has prevailed in a civil trial against the family of a deceased business partner that claimed it was owed half of a cryptocurrency fortune worth tens of billions of dollars.
A Florida jury on Monday found that Wright did not owe half of 1.1m bitcoins to the family of David Kleiman. The jury did award US$100m in intellectual property rights to a joint venture between the two men, a fraction of what Kleiman’s lawyers were asking for at trial.
The Crypto Open Patent Alliance and Craig Wright will present their closing statements in the trial to find out if Wright is Satoshi.
Justice James Mellor has not yet said when his decision will be out.
The results of the identity case against Wright could have implications on other ongoing cases.
This week attorneys representing bitcoin developers and the Crypto Open Patent Alliance (COPA), an organization that says it is fighting for "freedom from threats" on crypto technology, will tell a judge that Craig S. Wright is not, in fact, Bitcoin creator Satoshi Nakamoto. Wright, who declared he was Nakamoto in 2016, will close his case arguing he did create what is now the world's largest and most valuable cryptocurrency.
The closing arguments will wrap up a month-long trial brought by COPA, which seeks to prove Wright isn't Nakamoto and deny him the ability to claim copyrights or sue under the name Nakamoto again. If Wright succeeds, he'll have a huge leg up in other cases he has against exchanges Coinbase, Kraken and others.
Counsel for the Crypto Open Patent Alliance (COPA) – made up of Twitter founder Jack Dorsey’s Block and crypto firms like Coinbase and Kraken – began closing statements on Tuesday by saying the evidence shared during the trial shows “beyond doubt” that Wright isn’t Satoshi.
“Following the evidence in this trial, it is clearer than ever – clear beyond doubt – that Dr. Wright is not Satoshi Nakamoto. He did not write the Bitcoin white paper, produce the Bitcoin code or implement the Bitcoin system,” COPA Counsel Jonathan Hough said.
Craig Wright lied extensively in his evidence during a U.K. court case regarding his claim to be Satoshi Nakamoto, according to the written judgment.
Most of the lies related to forged documents that purported to support his claim, the judge wrote.
“Dr. Wright is not the person who adopted or operated under the pseudonym Satoshi Nakamoto in the period 2008 to 2011. Third, Dr. Wright is not the person who created the Bitcoin System. And, fourth, he is not the author of the initial versions of the Bitcoin software,” Mellor said after both parties to the trial had presented their evidence.